Filing Flows › Comparisons › QXL vs VWAV
Quantum X Labs vs VisionWave Holdings: QXL and VWAV compared
Quantum X Labs is the larger company: $293K of revenue in its latest quarter (Q2 2026) against $286K for VisionWave Holdings (Q3 FY26).
Where the money goes: QXL and VWAV
Quantum X Labs (QXL) · Q2 2026
Quantum X Labs, Q2 2026: revenue $293K (-21% year over year), operating margin -476.1%, net earnings $2.4M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
VisionWave Holdings (VWAV) · Q3 FY26
VisionWave Holdings, Q3 FY26: revenue $286K, net loss $25.9M, operating cash flow −$6.0M. The chart follows the revenue to costs, profit and cash.
| Quantum X Labs (QXL) | VisionWave Holdings (VWAV) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 FY26 |
| Revenue | $293K | $286K |
| Revenue growth, Y/Y | -21% | — |
| Operating margin | -476.1% | n/m |
| Net earnings | $2.4M | −$25.9M |
| Net margin | 824.9% | — |
| Operating cash flow | −$1.1M | −$6.0M |
Where the revenue comes from
Quantum X Labs
- Search Segment: $283K (97%)
- Adjustments and Eliminations: $10K (3%)
Questions
Which is bigger, Quantum X Labs or VisionWave Holdings?
Quantum X Labs is the larger company: $293K of revenue in its latest quarter (Q2 2026) against $286K for VisionWave Holdings (Q3 FY26).
More: Quantum X Labs earnings · how Quantum X Labs makes money · VisionWave Holdings earnings · how VisionWave Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Aug 19, 2026). Fiscal quarters can end on different dates. Not investment advice.